Wood Group and Statoil agreed for a $400mln contract
Wood Group has been awarded a main contractor framework agreement worth approximately $400 million to deliver maintenance and modification services to four …
End-User Industries
European Union will help funding €164mln for wastewater treatment project in Egypt
The European Union (EU) will contribute €32mln towards the €164mln Kafr El Sheikh Wastewater Expansion Programme in Egypt, according to WWI. The project …
Wärtsilä will build three mega-class container vessels
Wärtsilä’s Nacos Platinum Integrated Navigation Automation Control System has been selected for a series of three ‘mega-class’ container vessels being …
Another step forward in shale gas explorations in Argentina
Dow Chemicals and YPF, the Argentina State-run oil company, have announced a big investment in shale gas explorations, the total amount of which is around …
ExxonMobil has started up an onshore facility in Indonesia
ExxonMobil announced today the successful and safe startup of the onshore central processing facility at the Banyu Urip field in Indonesia, helping increase …
New offshore oil discovery in Gulf of Mexico by W&T Offshore
W&T Offshore, Inc. announced today a significant discovery at the Ewing Banks 954 A-8 exploratory well located in the deepwater Gulf of Mexico. The well, …
The Moho Bilondo Phase 1b Development has started by Chevron
Chevron Corporation confirmed today that its subsidiary, Chevron Overseas (Congo) Limited, and partners have started production from the deepwater development …
Dow Chemical and DuPont merged together to give rise to the biggest chemical indutry in the World, but for a short time
The Dow Chemical Company’s Board of Directors, including Third Point’s two designated directors, are unanimously and fully supportive of the announced …
Ineos has acquired DEA’s gas fields for a total of 8% of British total gas request
Ineos today completed the purchase of the North Sea natural gas assets of DEA Deutsche Erdoel AG, which is owned by L1 Energy . The platforms, infrastructure …
Anadarko goes one step further along the LNG extraction direction in Mozambique
Anadarko Petroleum Corporation today announced that, along with the concessionaires of Offshore Area 1 (operated by Anadarko Mozambique Area 1 Ltd. (AMA1)) and …